Ferragamo 2016 Will Open 10 Airport Stores.

Michele Norsa Norsa, chief executive officer of Salvatore Ferragamo SpA (SFER.MI), Italy luxury group, was indirectly interviewed by Reuters in the fashion cycle of Milan.

Keen to spend money all over the world, in the past Spring Festival, Chinese tourism consumption stimulated the company to perform "excellent" in February. For the current fiscal year 2016, he said it is worth looking forward to keeping growing.

For the past 2015, Michele Norsa said the weak euro, low oil prices and the ECB bond repurchase program were beneficial to the industry. The global terrorist activities of extremist Islamists had a negative impact on the luxury industry, after a violent terrorist attack in Paris, France, at the end of 2015.

The market has been briefly affected, among which Herm and s International SCA (HRMS.PA), the fourth quarter and annual results of Hermes international, show that the French company's local sales growth in the fourth quarter is only 1%.

Michele Norsa, the most important Chinese consumer in the luxury industry, is amazed and thanked the Chinese for spending money and amazing purchasing power around the world. It said that in February, the Chinese saw big money spent in Korea, Japan, Australia, the west coast of the United States and Europe, and created a "excellent" February of the company. He said that due to the strong "mobility" of the Chinese people, the global store had passed "extraordinary" 10 days.

In 2015, about 1 days, about 9 days, Salvatore Ferragamo SpA disclosed its initial performance in 2015. In 2015, Salvatore Ferragamo Group Group's annual income increased by 7.4% to 14.3 euros, slightly higher than the 1 billion 410 million euros expected by the market, and the fixed exchange rate narrowed to 1.3%.

The 3.3% and 1.6% decline in Asia Pacific and North America were offset by the growth of 6%, 15% and 8.5% respectively in Europe, Japan and Latin America.

In contrast to North America and Hongkong, because of the weakening of tourists' purchasing desire and purchasing power due to currency strength, the devaluation of the yen has stimulated a large number of Chinese tourists to visit Japan. The strong growth of Japan is coming from this. Of course, there are more complicated reasons for Hongkong's recession.

On Tuesday opening, Salvatore Ferragamo SpA (SFER.MI) Fei Ferragamo group shares opened over 1%, and then continued to rise, to the time when Milan's local time 11:07AM rose to 2.70%, 21.30 euros, but the company's stock price has fallen so far this year, and the decline in the past year has reached 22%.

To this end, Michele Norsa said that more stores will be opened in the tourism retail channel this year, and plans to open 10 airport stores in Dubai, Helsinki, Quito and other Middle East, Europe and South America to meet the growing demand for tourism retail. However, Michele Norsa has not responded to the annual expansion target. It is expected that the company's annual report will be disclosed in March 17th.